Creditors have pulled the plug on Norway electric-car maker Think Global AS.
Think, which was once property of Ford Motor Co., filed for a form of bankruptcy in its home country and will have a court-appointed trustee take over management of the company, a Think spokeswoman confirmed.
“Think filed for bankruptcy after failing to attract adequate capital to continue funding operations,” U.S.-based spokeswoman Debra Salem said in a statement Thursday.
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